Piper Sandler and Bernstein have revised their price targets for Coinbase, reflecting recent market conditions. Piper Sandler lowered its target from $350 to $270, maintaining a "neutral" rating, while Bernstein reduced its target from $510 to $440. In contrast, Bank of America Securities upgraded Coinbase's rating from "neutral" to "buy," keeping its price target at $340. Bank of America highlighted Coinbase's strategic advancements, noting the company's efforts to expand its product offerings and addressable market despite a 40% stock decline from its peak last July. The bank is optimistic about Coinbase's transition into a "full-service exchange" and its cross-selling strategy. Currently, Coinbase's stock is priced around $240, with a market capitalization of approximately $64.5 billion.